Oriental Watch Holdings Limited provided earnings guidance for the six months ended September 30, 2014. The company announced that based on the unaudited consolidated results of the company and its subsidiaries for the six months ended September 30, 2014, it is expected that the group's profit for such period will be substantially lower than that for six months ended September 30, 2013 mainly as a result of a decrease in turnover and drop in gross profit margin due to the slow down of demand in the luxury goods market both in Hong Kong and on Mainland China, keen competition and increase in rental of shops.
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5-day change | 1st Jan Change | ||
3.52 HKD | +0.28% | 0.00% | -16.19% |
Jun. 27 | Oriental Watch Holdings' Fiscal Year 2024 Profit Slides | MT |
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Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-16.19% | 220M | |
+42.69% | 6.24B | |
-17.87% | 3.93B | |
-14.17% | 2.86B | |
+36.58% | 2.49B | |
-42.61% | 1.27B | |
-23.72% | 1.2B | |
+41.36% | 866M | |
-2.41% | 784M | |
-13.32% | 764M |
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- Oriental Watch Holdings Limited Provides Earnings Guidance for the Six Months Ended September 30, 2014